Development Credit Authority, Getinet's Story

When Getinet learned a local bank was approving loans for qualified members of the Diaspora to return to start businesses, he jumped on the chance to build an organic farm back home in Menagesha, Ethiopia.Photo credit: Morgana Wingard.

Development Credit Authority, Getinet's Story: Erbeto Woldesenbet

"Because of this job, I can rent my own house and I have a better life now to buy food, clothing, and shelter."- Erbeto Woldesenbet works at Getinet's farm.Photo credit: Morgana Wingard.

Getinet used part of his loan to purchase a truck to transport his products to larger markets. Increase transportation means more food for more people, helping make Ethiopia more food secure.Photo credit: Morgana Wingard.

In all, the Bank of Abyssinia lent nearly $9 million of their own funds to agrobusinesses thanks to USAID guarantees. Before USAID's guarantee, it was estimated that agriculture received just 16 percent of total available credit in Ethiopia.Photo credit: Morgana Wingard.